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SMMF

Summit Financial Group, Inc.

Delisted

SMMF was delisted on the 2nd of May, 2024.

56 hedge funds and large institutions have $76.5M invested in Summit Financial Group, Inc. in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 12

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

57% more capital invested

Capital invested by funds: $48.9M → $76.5M (+$27.6M)

4% more funds holding

Funds holding: 5456 (+2)

Holders
56
Holders Change
+2
Holders Change %
+3.7%
% of All Funds
0.99%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
22
Reduced
12
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$14.7M +$625K +31,708 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$11.1M +$77K +3,909 +0.8%
Renaissance Technologies
3
Renaissance Technologies
New York
$5.66M -$191K -9,700 -4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$5.48M +$31.9K +1,620 +0.7%
SFG
5
Summit Financial Group
West Virginia
$5.09M -$262K -13,325 -5%
State Street
6
State Street
Massachusetts
$4.56M +$91.4K +4,642 +2%
Northern Trust
7
Northern Trust
Illinois
$3.61M -$92.7K -4,708 -3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$3.2M +$158K +8,018 +6%
FL
9
Fourthstone LLC
Missouri
$2.26M +$1.71M +86,739 +555%
PH
10
Pinnacle Holdings
Oklahoma
$2.04M +$20 +1 +0%
VCA
11
Verdence Capital Advisors
Maryland
$1.95M
Bank of New York Mellon
12
Bank of New York Mellon
New York
$1.31M -$166K -8,446 -12%
BCM
13
Bridgeway Capital Management
Texas
$1.21M
LSV Asset Management
14
LSV Asset Management
Illinois
$1.11M -$29.5K -1,500 -3%
Fifth Third Bancorp
15
Fifth Third Bancorp
Ohio
$1.05M
N
16
Nuveen
North Carolina
$1.04M +$95.7K +4,859 +11%
MCM
17
Maryland Capital Management
Maryland
$927K +$522K +26,500 +171%
JP Morgan Chase
18
JP Morgan Chase
New York
$755K +$452K +22,941 +203%
Wells Fargo
19
Wells Fargo
California
$686K -$177 -9 -0%
Acadian Asset Management
20
Acadian Asset Management
Massachusetts
$620K +$18.8K +956 +4%
Charles Schwab
21
Charles Schwab
California
$597K
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$596K +$17.2K +873 +3%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$532K -$70.1K -3,559 -13%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$438K +$53K +2,692 +16%
PTC
25
Philadelphia Trust Company
Pennsylvania
$432K

SMMF Hedge Fund Activity: Q4 2020 in Review

56 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2020, worth a combined $76.5M — up 57% from $48.9M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new SMMF positions and 3 closed out — a net gain of 2 holders — while 22 added to existing stakes and 12 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $1.71M. The largest seller was Argent Capital Management, exiting entirely with an estimated $531K sold.

  • 56 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2020, up from 54 in Q3 2020.
  • Funds reported $76.5M of Summit Financial Group, Inc. stock for Q4 2020, up 57% quarter-over-quarter.
  • 5 funds opened new Summit Financial Group, Inc. positions in Q4 2020 and 3 closed out, a net change of +2 holders.
  • The largest Summit Financial Group, Inc. buyer in Q4 2020 was Fourthstone LLC, an estimated $1.71M added.
  • The largest Summit Financial Group, Inc. seller in Q4 2020 was Argent Capital Management, an estimated $531K sold.

Based on aggregated 13F filings for Q4 2020.